£241,378
This estimated value is based upon the latest sale price for the house of £165,000 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£165,000 | 5 Jun 2015 |
£147,950 | 27 Apr 2006 |
Detached |
Freehold |
Floor Area: 133 sq meters or 1,431 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in June 2015 the House Price Index for DURHAM was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £165,000 results in an estimated price of approximately £241,378.
5 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 149.7 | 46.290 % | £165,000 | £76,378 | £241,378 |
The Postcode Pricing Model uses changes in average sales price within the SR7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -35.153 % | £-58,002 | £106,997 |
3 Month Average | -5.069 % | £-8,364 | £156,635 |
6 Month Average | 4.768 % | £7,867 | £172,867 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £233,589 | £230,000 | 10 ASPEN GROVE |
1 Feb 2023 | £179,197 | £178,000 | 18 ALMOND WAY |
28 Jan 2022 | £169,632 | £160,000 | 28 ALMOND WAY |
24 Jan 2022 | £224,762 | £212,000 | 41 REDWOOD |
13 Dec 2021 | £97,084 | £89,950 | 82 PARKSIDE CRESCENT |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 7 Jun 2012. Using an estimated price of £241,378 means this house is valued at £1,814 per sq meter (£168 per sq foot).
The average size of a house on ASPEN GROVE is 101 sq meters (1,094 sq feet).
This house is the largest in the street with a floor area of 133 sq meters (1,431 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Aspen Grove |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Aspen Grove |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Crescent |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Crescent |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Crescent |